Calculate Depreciation

Calculates depreciation schedules under straight-line, MACRS, and Section 179 methods for any asset. Returns annual depreciation amounts, accumulated depreciation, and net book value year by year so you can compare methods and pick the optimal tax strategy.

You bought a piece of equipment. Now you need to know what it does to your books for the next five, seven, or twenty-seven and a half years. Straight-line is simple but rarely optimal. MACRS accelerates deductions but demands matching the asset to the correct property class and recovery period. Section 179 lets you expense the full cost upfront, if you qualify and have not already hit the annual cap. Pick wrong and you either overpay taxes this year or create a headache at audit. Research shows up to 25% of fixed assets on balance sheets are phantom assets, artifacts of poor manual tracking and spreadsheet formulas gone sideways. Forward your asset purchase details and get depreciation schedules under every applicable method, side by side, with net book value tracked year over year.

Small business owners, accountants, and bookkeepers managing fixed assets without dedicated asset management software.